Ibew Local 150

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 361581422 ✦ Libertyville, IL ✦ Designated as a 501(c)(5)

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Overview

What is Ibew Local 150?

Ibew Local 150 is a nonprofit organization situated in Libertyville, Illinois, with a total of 15 employees. Their primary mission is to enhance the economic, social, and moral well-being of their members. The organization uses its funds to achieve this objective, focusing on the betterment of its local 150 members. Although the information provided does not specify the exact nature of their activities, it can be inferred that they likely engage in various initiatives to fulfill their mission.

Is Ibew Local 150 legitimate?

Ibew Local 150 is a legitimate nonprofit organization registered as a 501(c)(5) entity. Ibew Local 150 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $421,682
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,208

For more financial information, click here

What is the mission statement of Ibew Local 150?

Ibew Local 150's mission is centered around the economic, social, and moral advancement of its members. This goal is achieved through the strategic use of union funds. The organization is dedicated to improving the livelihoods of its members in various aspects, ensuring an all-round progress and betterment.

Who is the CEO of Ibew Local 150?

Steven Smart is the Business Manager of Ibew Local 150.

What is the revenue of Ibew Local 150?

Ibew Local 150's revenue in 2022 was $1,995,551.

Who are the executives of Ibew Local 150 and what are their salaries?

The average compensation at Ibew Local 150 during 2022 was $31,593. There are 15 employees at Ibew Local 150.


Here are 10 key members and their salaries:


Steven Smart (Business Manager)
  • Compensation: $126,263
  • Related: $0
  • Other: $92,524
Patrick Serzynski (Business Manager)
  • Compensation: $132,747
  • Related: $0
  • Other: $72,426
Jeffrey Schwingback (Executive Board)
  • Compensation: $2,688
  • Related: $0
  • Other: $0
Michael Witten (Executive Board)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Jonathon Aunet (Executive Board)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Jack Koval (Executive Board)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Martin Mcneill (Secretary)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Aaron Rendon (Treasurer)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Joseph Catella (Vice President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
John Bonnot (Executive Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ibew Local 150?

Ibew Local 150's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ibew Local 150

Ibew Local 150, a notable organization, is dedicated to the economic, social, and moral advancement of its members. This mission is achieved through the strategic use of union funds. The primary goal of Ibew Local 150 is to enhance the well-being and standing of its members, encompassing both their financial and personal lives. By investing in its members, Ibew Local 150 aims to create a sense of community and mutual support, fostering an environment where members can thrive and succeed. The organization's activities are geared towards improving the overall quality of life for its members, ensuring they have the resources and opportunities necessary to achieve their goals and live fulfilling lives.

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Impact




October, 2024

IBEW Local 150 plays a significant role in enhancing the economic, social, and moral standing of its members. Based in Libertyville, IL, the union focuses on providing a robust support system for its membership through the strategic use of union funds. This includes initiatives aimed at improving job opportunities, offering training programs, and fostering a sense of community among members.

The union's commitment to the economic advancement of its members translates into better wages and benefits, contributing to a higher standard of living. Socially, IBEW Local 150 prioritizes member engagement and advocacy, ensuring that their voices are heard in negotiations and labor discussions. Morally, the union instills a sense of solidarity and ethical responsibility among its members, promoting an environment where workers feel valued and supported.

Ultimately, IBEW Local 150's impact is multifaceted, influencing not just individual lives but also the collective well-being of the communities in which its members reside. By focusing on employment and member development, the union fosters a culture of empowerment and progress, contributing to a more equitable workforce.




This information is meant to be a general summary of Ibew Local 150. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,995,551 (2022)
Expenses
$1,782,801 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39,970
  • Program Service Revenue: $1,935,045
  • Gross Receipts: $1,995,551

Assets and Liabilities:

  • Total Assets: $7,565,089
  • Total Liabilities: $19,867
  • Net Assets: $7,545,222

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,935,045

Organization Details

Founding Year

1914

Principal Officer

Steven Smart

Main Address

31290 N US HWY 45, Libertyville, IL, 60048

NTEE Category

Code: J40 - Employment

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